After finishing at $12.60 in the prior trading day, CVB Financial Corp. (NASDAQ: CVBF) closed at $12.37, down -1.83%. On the day, 1197256 shares were traded. CVBF stock price reached its highest trading level at $12.73 during the session, while it also had its lowest trading level at $12.34.
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Ratios:
Our goal is to gain a better understanding of CVBF by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 when Olvera Jane bought 1,200 shares for $18.08 per share. The transaction valued at 21,695 led to the insider holds 1,200 shares of the business.
Farnsworth David F bought 1,000 shares of CVBF for $20,760 on Mar 13. The EVP & CCO now owns 41,392 shares after completing the transaction at $20.76 per share. On Mar 10, another insider, Harvey David C, who serves as the EVP Chief Operating Officer of the company, bought 1,000 shares for $21.60 each. As a result, the insider paid 21,596 and bolstered with 90,128 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVBF now has a Market Capitalization of 2.09B. As of this moment, CVB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.91, and their Forward P/E ratio for the next fiscal year is 7.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.28 while its Price-to-Book (P/B) ratio in mrq is 0.86.
Stock Price History:
Over the past 52 weeks, CVBF has reached a high of $29.25, while it has fallen to a 52-week low of $10.66. The 50-Day Moving Average of the stock is 14.89, while the 200-Day Moving Average is calculated to be 23.24.
Shares Statistics:
The stock has traded on average 1.55M shares per day over the past 3-months and 1.51M shares per day over the last 10 days, according to various share statistics. A total of 138.59M shares are outstanding, with a floating share count of 132.32M. Insiders hold about 0.30% of the company’s shares, while institutions hold 74.20% stake in the company. Shares short for CVBF as of Apr 27, 2023 were 9.22M with a Short Ratio of 9.22M, compared to 7.9M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.62% and a Short% of Float of 9.57%.
Dividends & Splits
In the trailing 12 months, CVBF’s forward annual dividend rate was 0.79, compared to 0.80 this year. Against a Trailing Annual Dividend Yield of 6.27%, it implies a Forward Annual Dividend Yield of 6.35%. The stock’s 5-year Average Dividend Yield is 3.23. The current Payout Ratio is 46.23% for CVBF, which recently paid a dividend on Apr 18, 2023 with an ex-dividend date of Apr 03, 2023. Stock splits for the company last occurred on Jan 02, 2007 when the company split stock in a 11:10 ratio.
Earnings Estimates
Its stock is currently analyzed by CVB Financial Corporation different market analysts. The consensus estimate for the next quarter is $17.87, with high estimates of $14.84 and low estimates of $0.00.
Analysts are recommending an EPS of between $Financial Services and $Technology for the fiscal current year, implying an average EPS of $Financial Services. EPS for the following year is $Stocks, with Stocks analysts recommending between $Stocks and $Stocks.
